Beck Capital Management buys $3 Million stake in Astrotech Corp (ASTC)

Astrotech Corp (ASTC) : Beck Capital Management scooped up 139,321 additional shares in Astrotech Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,933,515 shares of Astrotech Corp which is valued at $3 Million.Astrotech Corp makes up approximately 2.16% of Beck Capital Management’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in ASTC in the latest quarter, The investment management firm added 25,415 additional shares and now holds a total of 529,080 shares of Astrotech Corp which is valued at $825,365.Rpg Family Wealth Advisory reduced its stake in ASTC by selling 31,510 shares or 71.45% in the most recent quarter. The Hedge Fund company now holds 12,590 shares of ASTC which is valued at $19,640. Astrotech Corp makes up approx 0.02% of Rpg Family Wealth Advisory’s portfolio.Blackrock Fund Advisors boosted its stake in ASTC in the latest quarter, The investment management firm added 462 additional shares and now holds a total of 2,493 shares of Astrotech Corp which is valued at $3,889.

Astrotech Corp opened for trading at $1.5601 and hit $1.7 on the upside on Wednesday, eventually ending the session at $1.69, with a gain of 5.63% or 0.09 points. The heightened volatility saw the trading volume jump to 31,936 shares. Company has a market cap of $35 M.

Astrotech Corporation is a technology company designed to commercialize space-industry technologies. The Company operates a business unit Spacetech and is focused on working with customers and development partners to satisfy application specific chemical detection objectives using its mass spectrometry technology; extending its intellectual property portfolio by enhancing and refining its mass spectrometry technology; enabling film restoration enhancement and digitization using an automated process that revives the original color and removes dust scratches and defects from film to restore it to its original condition; Facilitating the shift from 2K resolution to ultra-high definition (UHD) high dynamic range (HDR) 4K resolution and developing vaccines using the environment of microgravity. Spacetech is a technology incubator which is pursuing three distinct opportunities: 1st Detect Astrogenetix and Astral Images.

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